On April 25, 2023, under the Shandong Department of Industry and Information Technology's notice announcing the first batch of innovative SMEs for 2023, Shandong Lixing Advanced Material Co., Ltd. was selected for the designation, valid until December 31, 2026.
Innovative SMEs demonstrate strong specialization, innovation and development potential, with significant influence in their market segments. They form a foundation of high-quality SMEs, and the designation recognizes innovation capability. Following its recognition as a technology-based SME and a specialized, refined, distinctive and innovative SME, the company's inclusion in Shandong's first batch of innovative SMEs reflects its research capabilities and achievements. It also represents government and market recognition of its independent R&D, commercialization of research results, R&D organization and management, and future market potential.
The company will continue to focus on lithium-ion battery electrolyte solvents, pursue independent innovation, strengthen the commercialization of research results and reinforce its long-term development, contributing to high-quality growth of Shandong's private economy and SMEs.
Images and PDF attachments are provided in their original language.